In the long term, the production of electric vehicles could have a profound impact on the gas industry. As more and more people switch to electric vehicles, the demand for gas will continue to decrease. This could lead to a decline in the profitability of the gas industry and could eventually force some gas companies to go out of business.
Of course, there are some challenges that need to be overcome in order for electric vehicles to become mainstream. One challenge is the limited range of electric vehicles. Another challenge is the lack of charging stations for electric vehicles. However, these challenges are being addressed by automakers and governments, and it is likely that they will be overcome in the future.
In conclusion, the production of cars that only work on electricity is likely to have a significant impact on the demand for gas in the future. As more and more people switch to electric vehicles, the demand for gas will continue to decrease, which could lead to a decrease in gas prices and a decline in the profitability of the gas industry.
